30 August

ClipperClip: Hittin' the Gas

I enjoyed a late afternoon appearance on CNBC's Closing Bell (no early start or late finish for me today, my friends), discussing refineries on the Gulf Coast in the aftermath of Hurricane Harvey, and what it means for both RBOB and retail gasoline prices. Hark, click on the below mugshot to launch to the clip:

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Tagged retail gasoline prices, hurricane harvey, refineries 1 Comment
29 August

ClipperClips: Talking Harvey

Yesterday was a busy day all round, discussing the developments in relation to Hurricane Harvey. I kicked off the day on the Texas Standard, discussing how the Gulf Coast storm was going to have a considerable impact on global flows of oil and products - the interview can be found here

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Tagged gasoline prices, hurricane harvey Leave a comment
23 August

OPEC giving up US market share

Oil prices are rallying post-EIA report as today's crude draw was joined by a drop in gasoline inventories. Although waterborne imports were strong last week, OPEC flows to the U.S. continue to ebb. Hark, here are some things to consider in oil markets today:

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Tagged OPEC oil exports, US oil imports Leave a comment
18 August

Trundling crude

WTI is trundling lower into the weekend, still looking listless after hitting its head on resistance around the $50 mark. As the weekend beckons, hark, here are some things to consider in oil markets today:

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Tagged OPEC oil exports, us diesel exports, us gasoline export, mexico diesel imports, brazil diesel imports Leave a comment
17 August

ClipperClip: The Kicker

Last night's appearance on CNBC Asia addressed strong crude inventory draws in the US  - due to higher exports, lower imports and record refinery runs - and a potential looming product glut. Hark, click on the below mugshot to launch to the clip: Continue Reading
Tagged US oil imports, US oil exports, record refinery runs Leave a comment
15 August

US inventories back in focus

After trying to grab ahold of the fifty dollar handle, WTI has lost its grip and is sliding lower in forty dollardom once more. Even though U.S. inventories look set to descend through August, global oversupply concerns are overshadowing this supportive influence. Hark, here are some things to consider in oil markets today.

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Tagged Saudi Arabia oil exports, Venezuela oil exports, India oil demand Leave a comment
08 August

Saudi Swinging

Rumors and murmurs suggest that Saudi is not only cutting exports again in September, but is choosing to swing these flows away from the east, and towards the west once more. Nonetheless, crude prices are still ticking lower on this eighth day of the eighth month. Hark, here are some OPEC observations to consider:

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Tagged OPEC exports, Venezuela oil exports, Angola oil exports, Libya oil exports, OPEC exports to the US 4 Comments
02 August

ClipperClip: Mopping Up

This morning's appearance on the set of CNBC's Squawk Box was a whirlwind tour of what is on our mind here at the good ship Clipper: falling Saudi exports to the US, rising Libyan exports, strong product demand, and crude being mopped up in Asia. Hark, click on the below mug shot to launch to the clip:

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Tagged OPEC, Saudi crude exports, Libya crude exports Leave a comment
01 August

Don't call it a comeback?

Crude has run into a wall of resistance today and fallen over, after sprinting full pelt at fifty-dollardom for the last week and a half. While we see some supportive elements appearing in our ClipperData, some startling signs of salubrious supply have sent the bulls running for the hills today.  

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Tagged Libya oil exports, us oil production, naphtha Leave a comment
28 July

Saudi walkin' the walk

Back in late May, Saudi Oil Minister Khalid Al-Falih said that 'exports to the U.S. will drop measurably', as the OPEC Kingpin adjusted its focus to reducing exports to the world's most transparent energy hub.

Exports from Saudi to the U.S. take approximately seven weeks to arrive - hence, as we swiftly approach the end of July, we can see from Saudi deliveries this month that they are not...

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Tagged Saudi crude exports, Venezuela sanctions 4 Comments

About the Author

Matt Smith deciphers and distills what is most relevant across the energy complex into cohesive and pithy knowledge you can use. The belly laugh is a bonus.

Matt Smith

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